News - China: Starr to acquire 20% stake in Dazhong

Source: Asia Insurance Review | Jul 2011

Starr Insurance and Reinsursnce Ltd is acquiring a 20% stake in Dazhong Insurance Co, a non-life insurer. CIRC has approved the Shanghai-based Dazhong Insurance to issue an additional 286.5 million ordinary shares to Starr Insurance and Reinsurance to become its foreign strategic investor. No financial details were disclosed.

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News - China: Starr to acquire 20% stake in Dazhong

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